Cooper Companies price target raised to $375 from $350 at Piper Sandler

Piper Sandler analyst Jason Bednar raised the firm’s price target on Cooper Companies to $375 from $350 and keeps an Overweight rating on the shares. The analyst says his meeting with CFO Brian Andrews reaffirmed his positive view on the shares. Bednar believes pure demand remains solid, pricing tailwinds sound sustainable for several quarters, and the company is preparing for a continuation of significant growth in higher-priced daily disposables via sizable capacity expansion plans over the coming years.